Driving Results Through Culture

Culture Leadership Charge, Episode 106 - October 2022

Informações:

Sinopsis

We’re not yet over the “Great Resignation.” The latest job report indicates that another 4.2 million US workers voluntarily quit in August 2022. LinkedIn’s 2022 Workforce Confidence Index found that nearly 25 percent of Gen-Z respondents and Millennials plan to change jobs in the next six months. This study found that Gen-Zs and Millennials deliberately seek careers that offer: Better alignment with their interests and values Opportunities to learn and practice new skills Better compensation and benefits A new industry or job function Opportunities to move up or increase responsibilities If your business doesn’t address these needs, you’ll lose talented people and have a tough time attracting younger generations. Here are three things business leaders must do to create a great place to work for Millennials and Gen-Z’s. Pay equity. Close gender and racial pay gaps. Pay at the top of the range. How will people know where they are in the ranges? Be fully transparent with ranges and with your compensation strat